Wednesday, August 3, 2016

Theresa May announced an industrial recovery plan, the never-seen for thirty years – The Tribune.fr

At the end of the British referendum of June 23, which revealed the frustrations of many regions particularly hard hit by de-industrialization, Theresa May, taking over from David Cameron had promised to help “people hard working “.

” we need a real industrial strategy that focuses on improving productivity, which rewards those who work hard for higher wages, and creates more opportunities for young people, regardless of the environment they come from, go as far as their talent where the door, “she had declared.

and yesterday, August 2 in London, following a meeting with eleven of his ministers, the new First Minister persevered in this direction by outlining his plan to adapt the country’s economy to post-Brexit environment and revive a buried industrial policy it thirty years ago by Margaret Thatcher.

Almost half a surprise when we see this summer 2016, several other countries have engaged in a stimulus policy.

Do not allow anyone to roadside

at the end of the first working session of the interdepartmental commission on “economic and industrial strategy” a spokesman said in a statement:

“the First Minister stressed that the aim of the new industrial strategy must be to establish a functioning economy for everyone. “

Halting industrial decline, without threatening the competitiveness

the combined ministers discussed ways to boost activity in the country, in regions that suffer like those who benefit from globalization. But in fact, the challenge is to reverse the long decline of the industrial sector in providing aid to companies undermined by globalization, without threatening the British competitiveness.

Meanwhile, the Minister of Finance, Philip Hammond, said that reducing the competitiveness gap between London and the southeast of England, on the one hand, and the rest of the country, on the other hand, could lead to higher 9% of the production.

also support new technologies

the Ministers agreed that it would also “create an economy open to new industries, particularly those that will affect our lives in the future. “

the resolute line could be for historical jewels of British industry, as the automaker Jaguar Land Rover or aerospace group BAE Systems, but also to new technology companies.

Approval of the bosses of British industry

the British Association of manufacturers (EEF), the main employers’ federation of British industry, welcomed the initiative:

“the mere fact that the new First Minister chairs the committee, I think, is an early response to the weakness of the previous two governments, namely the lack of consultation and cross-departmental approach, “responded the leader of the EEF Terry Scuoler.